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Unaffordability and the pandemic have driven several years of population loss in California, a trend that continued in 2022, when the state lost around 138,400 people, a 0.35% loss.
A California Department of Finance study reveals that ADUs accounted for 20% of new home construction 2023. This means one in every five homes built in California last year was an ADU, doubling ...
The housing industry is the development, construction, and sale of homes. Its interests are represented in the United States by the National Association of Home Builders (NAHB). [ 2 ] In Australia the trade association representing the residential housing industry is the Housing Industry Association . [ 3 ]
Construction job openings dropped nearly 40% from a year ago in October, according to a separate report from the Bureau of Labor Statistics released Tuesday. Contractors hired 293,000 workers ...
[30]: 1 [24]: 1 [31]: 1 (For California as a whole, from 2011 to 2016, the state added only one new housing unit for every five new residents.) [15]: 1 This has driven home prices and rents to high levels, such that by 2017, the median price of a home across California was more than 2.5 times the median in the U.S. as a whole, and in California ...
The construction industry in the United States is one of the major sectors of the country's economy. [1] As of November 1, 2022 there are over 745,000 general contractor LLCs employing over 7.6 million in its workforce, putting up almost US$1.4 trillion worth of structures annually. [1]
Good news for construction workers: You’re hired. Jobs in construction grew by 23,000, including 800 jobs added in residential construction, in June, the Labor Department said on Friday. Over ...
The California Building Industry Association is a statewide trade association based in Sacramento representing thousands of member companies including homebuilders, trade contractors, architects, engineers, designers, suppliers and industry professionals in the homebuilding, multi-family and mixed-use development markets. CBIA members build ...